10 March 2008

Countrywide Under Criminal Investigation

The FBI is investigating Countrywide financial for possible fraud.

I kind of thing that this is a "well duh" thing, but I'm an engineer, not a lawyer, dammit!.*

When you look at just the appraisal process, it's clear that something was very rotten in Denmark.

*I love it when I get to go all Doctor McCoy!!!

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